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Asset Description

Jones Lang LaSalle, a North Carolina licensed real estate broker (“JLL”), is pleased to offer for sale the Jefferson Village, a rare 16.16-acre development opportunity with flexibility to pursue a myriad of development options. While apartments and hotels are not a permitted use within this conditional district, retail, office, and medical office are allowed by right. Residential developments such as townhomes and single family (for sale or for rent) are permitted subject to additional use standards or could be part of a rezoning to change some standards*. Ideally situated in the heart of Greensboro, NC and located within Jefferson Village, a 300,000+ SF Fresh Market and Target-anchored retail center, this opportunity has invaluable walkability to surrounding retail establishments such as Starbucks, Fresh Market, Target, Panera Bread, and more. With this, Jefferson Village is well-positioned for development in a luxurious submarket known for long term sustainability, highend demographics, excellent access to employers, and walkability to desirable lifestyle amenities.

Investment Highlights

  • Preliminary site work completed
  • Walkability to 300,000 SF+ Class A Retail Center
  • VPD on New Garden Rd and Joseph Bryan Blvd: 28,000 & 55,000, respectively
  • 7-minutes from Piedmont Triad International Airport
  • No. 1 Best State For Business, (North Carolina) – Forbes
  • Projected population growth (2020-2030): 11.3%
Last Updated Date: 11 Aug 2022

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Last Updated Date: 11 Aug 2022

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